Top50-Solar

65MW Uruguay project reaches financial close

Jul 25, 2014

A project to build 65MW of solar power generation in Uruguay has successfully reached financial close.

Hareon Solar signs 600MW DG project agreement with Xingtai City, China

Jul 25, 2014

China-based PVEP, Hareon Solar Technology Co has entered into a framework agreement with officials of Xingtai City, Hebei province, China to develop 600MW of distributed generation (DG) rooftop projects at a cost of 6 billion yuan (US$968.9 million).

SolarCity confirms US$201.5 million securitisation

Jul 25, 2014

SolarCity has confirmed details of a new US$201.5 million financing round secured against the revenues from a pool of smaller PV systems.

Saft to supply battery system for 12MW Hawaii PV plant

Jul 25, 2014

French battery manufacturer, Saft, has been awarded a contract to supply a lithium-ion battery system for use in a 12MW solar plant being built in Hawaii.

Solar Frontier to build 13MW PV plant near Japanese heritage town

Jul 25, 2014

Japanese thin-film manufacturer and project developer Solar Frontier is to build a 13MW PV plant close to the historic town of Hiraizumi.

Shin-Etsu Chemical wants to license bifacial mono solar cell technology

Jul 25, 2014

Japanese electronics materials firm, Shin-Etsu Chemical, is offering to license its production-ready bifacial monocrystalline solar cell technology that is claimed to have the highest conversion efficiency of 21% for conventional screen-printing processes.

SunEdison acquires 156MW ‘natural gas-competitive’ PV plant in Colorado

Jul 25, 2014

PV energy provider, SunEdison, has acquired a 156MW solar power plant in the US state of Colorado.

Renewables now ‘mainstream’ business for US utilities, says report

Jul 24, 2014

NV Energy, Xcel, PG&E, Sempra and Edison International have topped a new index ranking US investor-owned utilities on their deployment of clean energy.

Solar3D’s revenue soars on PV installation business growth

Jul 24, 2014

PV technology start-up, Solar3D, has reported second quarter revenue of US$7.5 million due to continued growth in small-scale PV installations of its subsidiary Solar United Network (SUNworks), acquired at the beginning of the year.

SunPower veteran joins Mosaic as COO

Jul 24, 2014

SunPower veteran Bruce Ledesma has joined crowdsourcing firm Mosaic as chief operating officer.

Solarserver

Solar Frontier to build 13 MW PV plant for World Heritage Town Hiraizumi, Japan

Jul 25, 2014

Solar Frontier KK (Tokyo,Japan) and the town of Hiraizumi have agreed to build a 13 MW CIS utility-scale solar photovoltaic (PV) power plant. Through this PV project, Solar Frontier and Hiraizumi are promoting the development of renewable energy in support of historical sites and urban development. Hiraizumi, located in Iwate Prefecture in north-eastern Japan, achieved UNESCO world heritage status in June 2011 for its historical temples, gardens and archaeological sites. The new PV plant will be located in Kagonezawa District of Hiraizumi on 35.8 hectares of land designated for commercial use.

Solar PV in Australia: CBD Energy finalizes commercial PV contracts totaling AUD 1.3 million

Jul 25, 2014

CBD Energy Limited (Sydney, Australia) on July 24th, 2014 announced that its Westinghouse Solar subsidiary has finalized binding contracts for commercial solar photovoltaic (PV) installations in Australia totaling AUD 1.3 million. Additionally its bid pipeline has grown to AUD 14.5 million, the company emphasizes. This reflects the increasing price of energy in the Australian market which makes the Westinghouse Solar’s range of products and services competitive with fossil fuel generation, reads the press release.

EnergyTrend: Effects of US-China solar trade war to emerge in 2015; High inventory will delay price recovery

Jul 25, 2014

PV manufacturers are now anticipating the preliminary verdict on US-China solar photovoltaic (PV) product dumping announcement by the end of July. Prices within the PV supply chain continue to drop due to low season and weak demand in China and Japan, TrendForce's (Taipei, Taiwan) EnergyTrend division reports. Among all, Taiwan’s solar cell prices have declined significantly.

REC Solar ASA publishes Q2 2014 results: Solid revenues, increased PV module production

Jul 25, 2014

In Q2 2014, REC Solar ASA (Sandvika, Norway), a leading global provider of solar energy system solutions and solar photovoltaic (PV) Modules, increased revenues to USD 175.8 million, up 0.2% from USD 175.4 million in Q1 2014. A reduction in PV module business revenue was offset by an increase in System business revenue, the company announces. "REC's second quarter of 2014 was characterized by high sales volumes in Europe, softer market conditions in Japan and sales pipeline building up in the US market,” comments Martin Cooper, CEO of REC Solar ASA.

SunEdison partners with Community Energy on Colorado's largest solar PV plant

Jul 25, 2014

SunEdison, Inc. (St. Peters, Missouri, U.S.), on July 24th, 2014 announced its acquisition of the 156 megawatt (MW) Comanche Solar photovoltaic (PV) project from renewable energy developer Community Energy (Radnor, PA) SunEdison is partnering with Community Energy to complete the final development stage of the PV project by structuring the financing and providing procurement expertise for the project, following which SunEdison will manage the construction, operation, and maintenance of the solar photovoltaic power plant.

Solar PV in Pakistan: The meeco Group announces 350 kWp PPA with Shalamar Hospital in Lahore

Jul 24, 2014

The meeco Group (Zug, Switzerland) is continuing to develop and enhance its solar photovoltaic (PV) market position in Pakistan. After an agreement on a strategic partnership in Research & Development with the Lahore University of Management Sciences (LUMS), the meeco Group company oursun Solar Power Limited concluded a “sun2roof” Power Purchase Agreement (PPA) up to 350 kWp with the Shalamar Hospital in Lahore.

Solar power for Cuban mountain villages: Phaesun installs independent PV systems in the framework of an aid project

Jul 24, 2014

German solar PV enterprise Phaesun (Memmingen) has safeguarded the solar power supply of two Cuban mountain villages together with the non-profit association Karen e.V. The installation of more than 50 individual solar photovoltaic (PV) systems was completed in July 2014.

Frost & Sullivan: Global solar market to double by 2020 to USD 137 billion

Jul 24, 2014

Increased focus on curbing the emissions of greenhouse gases and other pollutants is fuelling the global solar power market. Coupled with favourable legislation and the need to enhance energy self-sufficiency and security, these factors will help the solar power market to grow rapidly. While sale volumes are primarily concentrated in Asia-Pacific, there is a definite upward growth trend across other markets too, according to new analysis from Frost & Sullivan (Mountain View, California, U.S.).

German SolarWorld subsidiaries merge; PV production chain will be centralized

Jul 24, 2014

From July 22nd, 2014 onward SolarWorld’s three solar photovoltaic (PV) manufacturing subsidiaries in Freiberg (Germany) will perform as one. Deutsche Solar GmbH (wafer manufacturing), Deutsche Cell GmbH (solar cell manufacturing) and Solar Factory GmbH (PV module manufacturing) will merge to become SolarWorld Industries Sachsen GmbH.

Enel to solely continue 3Sun’s PV production in Catania, Italy

Jul 24, 2014

Enel Green Power SpA (Rome, Italy) will buy out the interests (each equal to one-third of the share capital) of Sharp Corporation (Osaka, Japan) and STMicroelectronics in 3Sun Srl, the equal joint venture between Enel Green Power, Sharp and STMicroelectronics.